Payday lenders Cigno, BSF appeal loss in ASIC case

Appeals 2024-06-12 2:58 pm By Christine Caulfield

Make us a preferred source Make us a preferred source on Google

Payday lenders Cigno and BSF Solutions have appealed a decision that found they provided credit without a licence, and rejected the claim that their loan model is analogous to buy now, pay later arrangements that don’t require a licence.